RGC Resources (RGCO) Form 4: 19,111-share purchase via DRIP
Rhea-AI Filing Summary
Thomas Patrick Furcron, the VP, Field Operations of RGC Resources, Inc. (RGCO), reported a purchase of 19,111 shares of the issuer's common stock on 10/01/2025 at a price of $22.5 per share. The transaction is coded P(1) and was made under the company’s Dividend Reinvestment and Stock Purchase Plan. Following the reported transaction the Form 4 shows 1,087.3 as the amount of securities beneficially owned (listed with designation “D” on the form). The filing was signed on behalf of Mr. Furcron by a Power of Attorney dated 06/02/2025 and submitted on 10/03/2025.
Positive
- 19,111 shares acquired via the company Dividend Reinvestment and Stock Purchase Plan
- Transaction was officially reported on Form 4 and signed by POA, showing filing compliance
Negative
- None.
Insights
TL;DR: Insider used the company DRIP to acquire 19,111 shares at $22.5.
The Form 4 discloses a non-derivative purchase of 19,111 common shares on 10/01/2025 under the issuer’s Dividend Reinvestment and Stock Purchase Plan. This indicates acquisition via an established internal plan rather than an open-market transaction.
The report was executed by a Power of Attorney dated 06/02/2025, which is disclosed on the form. The filing lists 1,087.3 as the amount of securities beneficially owned following the transaction as presented on the form.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 19.111 | $22.50 | $430.00 |
Footnotes (1)
- F1. Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.
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